Global Melamine Market was valued at USD 1.29 billion in 2016 and is projected to reach USD 4.40 billion by 2025, growing at a CAGR of 36.65% from 2019 to 2026.
Melamine market is expected to witness substantial growth owing to increasing demand from laminates and wood adhesives market. Rising disposable income coupled with changing lifestyle of consumers are expected to be key market drivers for melamine market. Melamine market is segmented on the basis of applications such as laminates & wood adhesives, molding powder and paints & coatings. Melamine formaldehyde is also widely used in production of various dinnerware and food containers. Furthermore, growing use of melamine in high resistance concrete and carbon nanotubes is anticipated to increase market growth. Laminates & wood adhesives accounted for the largest share of the melamine market followed by molding powder. Laminates & wood adhesives are expected to be the fastest growing market for melamine owing to growing demand from consumers. One of the key upcoming trends in this market is the growing demand for melamine in the automotive industry due to increasing use in various automotive applications. However, toxicity levels associated with melamine pose as major market threat.
Asia Pacific accounted for the largest market share for melamine market owing to large concentration of laminates & adhesives in the region. China was the largest market in Asia Pacific in 2013 and is expected to dominate the market due to growing infrastructure development and favorable regulations supporting industrial growth. RoW is expected to portray significant growth due to large demand from end-use applications particularly in Middle East. Europe held the second largest market share in 2013. However, Europe is expected to witness sluggish growth owing to its slow recovery from the economic downturn. Furthermore, stringent regulations related to the use of toxic chemicals in Europe pose as a major barrier for melamine market growth. North America contributed for a least market share in the melamine market. However, this share is expected to increase due to growing demand for melamine from the automotive and construction industry.
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Prominent Key Players:
Borealis AG , BASF SE, Cornerstone Chemical Company, Gujarat State Fertilizers & Chemicals Ltd. (GSFC),, Mitsui Chemicals Inc., Methanol Holdings (Trinidad) Limited (MHTL), Nissan Chemical Industries Ltd., OCI N.V., Qatar Melamine Company (QMC), Grupa Azoty Zaklady Azotowe Pulawy (ZAP) & More
The Research offers the Melamine Market 2019 Basics: Definitions, categorization, software, and analysis. Furthermore, focuses on market product stipulation, arrangements, procedures, Melamine Market improvement and so on.
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Key Highlights of Our Report:
Scope of Melamine Market Report:
Market Segmentation by Application:
- In-depth analysis of the Melamine Market
- Strategic planning methodologies
- Applicable and effective sales methodologies
- Detailed elaboration on drivers, restraints, and opportunities
- Analysis of different financial aspects
- Tracking of global opportunities
- Latest industry trends and developments
- Wood Adhesives
- Molding Compounds
- Paints and Coatings
- Other Applications (Flame Retardants, Textile Resins, etc.)
The report provides in-depth comprehensive analysis for regional segments that covers North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World in Global Outlook Report
with Market definitions, classifications, manufacturing processes, cost structures, development policies and plans.
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The Melamine Market has been examined based on following parameters:
- History Year: 2014-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2026
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Question Answered ??
A 360-degree synopsis
- What are the top key players of the Melamine Market ?
- What are the strengths and weaknesses of the Melamine Market ?
- What are the highest competitors in the market?
- What are the different marketing and distribution channels?
- What are the global market opportunities in front of the market?
- What are the key outcomes of SWOT and Porter's five techniques?
- What is the global market size and growth rate in the forecast period?
of the competitive scenario of the Melamine Market is presented in this report. It has an enormous data allied to the recent product and technological developments in the markets. It has a comprehensive analysis of the impact of these advancements on the market’s future growth, wide-ranging analysis of these expansions on the market’s future growth.
Major TOC Of Report:
Scope of the report (2019-2026)
Introduction (Key market highlights)
Market Landscape (Market Overview Size & forecast-2026)
Five forces model
Market segmentation by end-user
Impact of drivers
Impact of drivers and challenges
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